NJ > Trenton
Trenton, NJ 08608,124 W STATE ST
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Thomas Ciccarone

Thomas Ciccarone

+1(908) 448-8050
Listed by Roland S. Pott • Pott Real Estate, LLC
$ 515,000
Est. payment /mo
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124 W STATE ST Trenton, NJ 08608

6,085 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,085 sqft

Price per Sqft $84

MLS Listing ID NJME2061428

Year Built 1875

Annual Tax Amount $10,818

Tax Year 2024

Lot Size 4,283 Sqft

Acres 0.1

Lot Dimensions 24.90 x 172.00

Property Sub-Type Office

Source BRIGHT

Property Description

Meticulously renovated in 2019, this prime location has served as a showplace headquarters to Greater Trenton Inc, Choose NJ, as well as other professional organizations, directly across from the NJ Statehouse. This fully leased office property features a first floor conference room that seats up to 18 people and is available for shared usage by tenants. Attention buyers that want to occupy: you can occupy 1048 SF or more by January 1, 2026 (maybe sooner) while you retain rental income from existing tenants. Attention investors: a compelling 11.5% cap rate isa compelling opportunity for you to receive a profitable return. 6 parking spots in rear. 2 bathrooms on each floor (6 total) and kitchenettes on first and third floor. Recent upgrades include new fire escape, new HVAC with separate zones, new flooring, roofing updates, LED recessed lighting, facade upgrades, surveillance/security enhancements, painting and more.

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning HIST

Interior

Hot Water Natural Gas

Cooling Central A/C, Ductless/Mini-Split

Flooring Carpet, Luxury Vinyl Plank, Luxury Vinyl Tile

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 6.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Connected, Sewer Available, Water Available

Water Access N

View Street

Accessibility None

Total Parking Spaces 6

Garage N

Building

Lot Description Year Round Access

Foundation Brick/Mortar, Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-03504-00021

Ownership Fee Simple

SqFt Source Estimated

Security Features Intercom,Exterior Cameras,Security System,Surveillance Sys

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Thomas Ciccarone

Sales Associate | License ID: 1867455

+1(908) 448-8050

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Coldwell Banker Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

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124 W STATE ST

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